Cheap Apartments for Rent in the Downtown DC Neighborhood of Washington, DC from $700 (234 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown DC area of Washington.

property at 1924 8th St NW

1924 8th St NW

WashingtonDC20001

The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers

Renting in the D.C. area? Explore Takoma, Brookland, Glover Park, Charles Village, and more. Find a convenient, high-quality home near your major employer.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 455 I St NW

455 I St NW

WashingtonDC20001

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 66 V St NW

66 V St NW

WashingtonDC20001

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Washington's Best Affordable Neighborhoods

Learn about Washington and the best places to live with original content written by Local Expert Steve Lilly

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Downtown DC, Washington, DC Local Guide

Cheapest Available Downtown DC Apartments for Rent

 

The cheapest available apartment rental in the Downtown DC area of Washington, DC is a Studio unit found at Cycle House priced from $720. King Towers has the second lowest priced unit, which is a Studio apartment currently listed from $947. Here are the most affordable Downtown DC apartments for rent in Washington, DC:

Apartment ListingModel NameBed/BathPriced From
Cycle HouseStudioStudio,1BA$720
King TowersStudioStudio,1BA$947
Cassell Co-Living (Furnished Rooms)Shared Bath | 4-6 Person Suite1BR,1BA$1,200
555Senior Housing S2Studio,1BA$1,246
1724 Kalorama Rd NW2 Beds, 1 bath2BR,1BA$1,281
R Street ApartmentsEFFStudio,1BA$1,351
Liberty PlaceStudio AStudio,1BA$1,369
PinnacleS1Studio,1BA$1,419

Best Value Apartments for Rent in Downtown DC, DC

As of December 16, 2025 the best value apartment in the Downtown DC area is the $2.48 price per square foot 2 Bed 1 Bath Model at The Biltmore Apartments in the in the Lanier Heights neighborhood starting from $3,800. The second greatest value Downtown DC apartment is the OSLOshaw Units 1-3 Model at OSLOshaw Co-Living Apartments starting at $1,299 with a $1.34 price per square foot in the Mount Vernon Square neighborhood. Here is today’s list of the best values for Downtown DC apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Biltmore Apartments2 Bed 1 Bath2BR,1BA$2.48
OSLOshaw Co-Living ApartmentsOSLOshaw Units 1-33BR,3BA$1.34
2408 N Capitol St NW, Unit Basement2408 N Capitol St NW1BR,1BA$2.41
Q Street Apartments1L1BR,1BA$2.16
75 Florida Ave NW, Unit 175 Florida Ave NW3BR,1.5BA$1.41
20 Florida Ave NE, Unit 220 Florida Ave NE2BR,1BA$2.28
603 G St SW, Unit BasementFurnishedAPT603 G St SW1BR,1BA$2.27
1724 Kalorama Rd NW1 Bed, 1 bath1BR,1BA$2.00
801 R Street ApartmentsTwo Bedroom2BR,1BA$2.47
Cycle HouseStudioStudio ,1BA$2.41

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students

Discover the top neighborhoods for university students to rent in Washington D.C. Find affordable, convenient, and vibrant areas near major campuses on ApartmentHomeLiving.com.

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Pet Friendly Lifestyle
Downtown Dc, Washington, DC

Ranked #2

Among cities in District of Columbia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Dc, Washington, DC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Downtown DC, Washington, and the greater Washington area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, family-friendly amenities, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown DC Apartments

What is a cheap apartment in Downtown DC?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown DC is under $1,419.

What is the price of a cheap apartment in Downtown DC?

The cheapest apartment in Downtown DC is King Towers which is listed at $1,127, while the average apartment in Downtown DC costs $7,500.

What types of apartments are the cheapest in Downtown DC?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 634 regular apartments in Downtown DC that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown DC?

Cheap apartments in Downtown DC have an average cost of $967 which is $6,533 cheaper than the average rent for all rentals in Downtown DC.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Washington DC Local Expert's Guide to Top Affordable Neighborhoods for Renters in the DC Metro

Written by: Steve Lilly

I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

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Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students

Written by: Steve Lilly

I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

decorative image for The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers article

The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers

Written by: Steve Lilly

I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, D.C.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.